Subaru cuts Japan sales forecast for 2001-02

TOKYO -- Fuji Heavy Industries Ltd., the maker of Subaru cars, said on Wednesday it was forecasting domestic vehicle sales for the current business year to March 31 to fall 6.6 percent year-on-year to 271,000 units.

That compares with a prior forecast of 294,000 and a year-earlier result of 290,000.

It said it forecast vehicle sales overseas at 280,000, compared with a prior forecast of 289,000.

That would represent a rise of 3.8 percent from the 270,000 sold in the previous year.

Fuji Heavy is 20 percent owned by General Motors.

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